On the inflation front ...

[Jay Walk]

Just replaced pads and rotors on the rear axle of wifes car + $20 for a box of latex gloves.

$197 after tax, seems pretty reasonable compared to most everything else.

Did my sons car quite a few years back was right at $100

 

[Mikej]

Just replaced pads and rotors on the rear axle of wifes car + $20 for a box of latex gloves.

$197 after tax, seems pretty reasonable compared to most everything else.

Did my sons car quite a few years back was right at $100

I didn't bother replacing rotors on the rear of our '95 CRV. Front rotors, yes.

 

[made in china]

Lock the country down and nobody can buy anything...again.

Uhhhh.....

Did you forget about all of the stimulus money? Country won't get locked down unless they give out stimulus money to keep consumerism alive, and make the rich even richer.

That's gonna pull from the Ukraine budget...

 

[Alexx1401]

Uhhhh.....

Did you forget about all of the stimulus money? Country won't get locked down unless they give out stimulus money to keep consumerism alive, and make the rich even richer.

That's gonna pull from the Ukraine budget...

Simple, print more money, then blame Trump for inflation. Easy.

 

[arakboss]

Crazy inflation appears to be dead.

US Inflation Rate

In depth view into US Inflation Rate including historical data from 1914 to 2023, charts and stats.

ycharts.com

 

[arakboss]

US economist warns Americans to ‘hunker down’ and ‘save your pennies’ as economy overheats

Urging Americans to be careful with credit cards and get ready to "hunker down," Piper Sandler's Nancy Lazar details the policy change needed to see an economic turnaround.

www.foxbusiness.com

 

[Jay Walk]

Many Americans are already hunkered down.
Noticed another food item went up nearly 70% since the plandemic.

We are being lied to on the daily.

 

[arakboss]

Many Americans are already hunkered down.
Noticed another food item went up nearly 70% since the plandemic.

We are being lied to on the daily.

Maybe a half dozen more rate hikes will fix the problem? For those with saving accounts, it would benefit them.

 

[arakboss]

Judging by the rush hour traffic on I5, I don't think people have hunkered down enough.

 

[Longwalkhome]

Randall’s Island $20M-per-month migrant shelter takes in first asylum seekers as capacity expands to 3,000

freerepublic.com

At 20,000,000 a month for 3,000 illegals that's $6,666 to live in a tent per person. That's inflation.

 

[arakboss]

Workers now demanding nearly $80K to start new job

A New York Federal Reserve survey published Monday found the minimum acceptable salary that American workers will take to switch jobs is at a record high.

www.foxbusiness.com

 

[Alexx1401]

Workers now demanding nearly $80K to start new job

A New York Federal Reserve survey published Monday found the minimum acceptable salary that American workers will take to switch jobs is at a record high.

www.foxbusiness.com

No problem, we can just print more money.

 

[arakboss]

I think the new BRICS channel is going to choke up our money printing abilities.

BRICS summit 2023 agenda: What major issues will likely be discussed?

The BRICS group of major emerging economies - Brazil, Russia, India, China and South Africa - will hold its 15th heads of state and government summit in Johannesburg from Aug. 22-24.

www.reuters.com

 

[arakboss]

I am calling BS on the idea that 60% plus of Americans are living paycheck to paycheck. I don't get the impression that many members here are living paycheck to paycheck. Maybe this site attracts the wealthier among the populace.

Even when I had $5000+ in cc debt, I wasn't living paycheck to paycheck. If I used credit or my checking account was low it was because I spent a bunch of my income on discretionary items.

69% of Americans in Urban Areas are Living Paycheck to Paycheck; 14 Percentage Points Higher than Suburban Consumers

/PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings...

www.prnewswire.com

 

[Mikej]

I am calling BS on the idea that 60% plus of Americans are living paycheck to paycheck. I don't get the impression that many members here are living paycheck to paycheck. Maybe this site attracts the wealthier among the populace.

Even when I had $5000+ in cc debt, I wasn't living paycheck to paycheck. If I used credit or my checking account was low it was because I spent a bunch of my income on discretionary items.

69% of Americans in Urban Areas are Living Paycheck to Paycheck; 14 Percentage Points Higher than Suburban Consumers

/PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings...

www.prnewswire.com

"Statistics!"

Whatever......

 

[arakboss]

"Statistics!"

Whatever......

Exactly. The lines at fast food restaurants & coffee joints, overloaded carts at costco, full parking lots at home depot, etc, tells me that a lot of people are not living paycheck to paycheck.

 

[CamoDeafie]

I am calling BS on the idea that 60% plus of Americans are living paycheck to paycheck. I don't get the impression that many members here are living paycheck to paycheck. Maybe this site attracts the wealthier among the populace.

Even when I had $5000+ in cc debt, I wasn't living paycheck to paycheck. If I used credit or my checking account was low it was because I spent a bunch of my income on discretionary items.

69% of Americans in Urban Areas are Living Paycheck to Paycheck; 14 Percentage Points Higher than Suburban Consumers

/PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings...

www.prnewswire.com

"Statistics!"

Whatever......

Exactly. The lines at fast food restaurants & coffee joints, overloaded carts at costco, full parking lots at home depot, etc, tells me that a lot of people are not living paycheck to paycheck.

Credit debt and loans on home equity.

 

[Certaindeaf]

Exactly. The lines at fast food restaurants & coffee joints, overloaded carts at costco, full parking lots at home depot, etc, tells me that a lot of people are not living paycheck to paycheck.

Oh but they are.

 

[Certaindeaf]

I yelled "Jenga!" once and five people had a heart attack.
True story.

 

[Alexx1401]

I am calling BS on the idea that 60% plus of Americans are living paycheck to paycheck. I don't get the impression that many members here are living paycheck to paycheck. Maybe this site attracts the wealthier among the populace.

Even when I had $5000+ in cc debt, I wasn't living paycheck to paycheck. If I used credit or my checking account was low it was because I spent a bunch of my income on discretionary items.

69% of Americans in Urban Areas are Living Paycheck to Paycheck; 14 Percentage Points Higher than Suburban Consumers

/PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released findings...

www.prnewswire.com

Stats can be made to say anything someone wants them to say. I would not be surprised at all though to find that a VERY large percentage are living with so much debt that missing a couple pay checks would be a problem. LOT of people are in a home with shocking payments. Then they often have 2 vehicles which are also financed. Then add in some plastic. Things for fine making the payments on all for now. If for some reason pay checks stopped? For a LOT of people it probably would only take a few months till they suddenly were behind on many loans. Few probably would actually not be able to eat right off the bat but, lot of them would be soon in deep trouble with the things they are paying on monthly.